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Gunvor and New Energy to collaborate on industrial-scale waste tire recycling
BUDAPEST – Gunvor, one of the world’s leading independent commodities trading companies, and New Energy (member of the NE-TECH Group), a Budapest-based technology company specializing in the advanced chemical recycling of end-of-life tires, are pleased to announce the signing of a strategic collaboration agreement aimed at jointly advancing the transition toward a circular economy. According to […]
Texas LNG, Gunvor Announce Binding LNG Offtake Agreement
Agreement Propels Texas LNG Toward a Final Investment Decision HOUSTON – Texas LNG Brownsville LLC, a four million tonnes per annum (“MTPA”) liquefied natural gas export terminal to be constructed in the Port of Brownsville, Texas, has signed a definitive 20-year Sales and Purchase Agreement with Gunvor Singapore Pte Ltd for 0.5 MTPA of LNG […]
Genesis Fertilizers and Gunvor Pursuing Partnership to Secure Natural Gas Supply, DEF Offtake, and Carbon Credits Monetization
Strategic alignment would secure critical feedstock, product offtake, and sustainability value as Genesis Fertilizers advances toward a low-carbon production future in Western Canada SASKATOON – Genesis Fertilizers is pleased to announce the signing of a commercial Letter of Intent (LOI) with Gunvor USA LLC, one of the world’s largest independent commodities trading houses, to jointly pursue three key […]
AMIGO LNG Signs 20-Year LNG SPA with GUNVOR to Deliver Reliable, Competitive Energy to Global Markets
SINGAPORE — AMIGO LNG S.A. de C.V. (“AMIGO LNG”), the Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, today announced the signing of a definitive Long-Term Sale and Purchase Agreement (SPA) with Gunvor Singapore Pte Ltd (“Gunvor”), one of the world’s leading independent commodity trading houses. Under the agreement, Gunvor will […]
Gabon National Oil Company successfully closes Tullow Oil Gabon asset acquisition
LIBREVILLE – Gabon National Oil Company (GOC) is pleased to announce the successful completion of the acquisition of 100% of the shares in Tullow’s subsidiary, Tullow Oil Gabon S.A, for a total cash consideration of USD 307 million of net tax and customary adjustments. Tullow Oil Gabon S.A. holds all of Tullow’s non-operated working interests […]
Gunvor secures US $1.335 billion sustainability-linked syndicated RCF with oversubscription
SINGAPORE (7 July 2025) – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Group”), has closed a US$1.285 billion sustainability-linked, syndicated revolving credit facility (“RCF” or “Facility”) on 13 June 2025. The Facility, which was launched initially at US$800 million in April 2025, received strong support from […]
PureWest and Gunvor Group Partner to Accelerate Use of Verified Low-Carbon Gas Solutions
Innovative Approach Focused on Delivering Impactful and Measurable Decarbonization Results PureWest Energy, LLC (“PureWest”), a leading Rocky Mountain independent natural gas producer recognized for its low methane and carbon emission rates, and Gunvor USA LLC, a member of Gunvor Group (“Gunvor”), one of the largest independent energy commodities trading companies worldwide, are partnering to provide verified low-carbon natural […]
Gunvor Group Results 2024
Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2024: Revenue: US $136 billionVolumes: 232 million MTGross profit: US $1.8 billionNet profit after taxes: US $729 millionEquity: US $6.5 billion Gunvor continued its track record of solid performance, posting […]
Akaysha Energy and Gunvor Group Sign Landmark Offtake Agreement for Australian Large Scale Battery Storage
Brisbane, Australia – Akaysha Energy, a market leader in large-scale battery energy storage systems (BESS), and Gunvor Group a global energy powerhouse, are pleased to announce a long term Offtake Agreement for Akaysha’s large scale Battery Energy Storage System (BESS), in Brendale, Queensland. The risk-hedging offtake product, known as a Battery Revenue Swap Agreement, […]
Gunvor completes acquisition of TotalEnergies shares in Total PARCO in Pakistan
LAHORE (6 December 2024) – Gunvor Group, a leading global commodities trading company, has completed its acquisition of TotalEnergies’ 50% stake in Total PARCO Pakistan Limited (TPPL), after receiving all necessary approvals from relevant authorities and finalizing related agreements. TPPL operated as a 50/50 joint venture between TotalEnergies Marketing and Services and Pak-Arab Refinery Limited (PARCO) in Pakistan, […]
Gunvor secures US $2.265 billion sustainability-linked, multi-currency revolving credit facility
GENEVA – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. The Facility consists of two tranches, available to Gunvor International B.V. and Gunvor SA: Thanks to strong support from existing and new banking […]